Gluu has a ton of support at $5.20. If you are not in gluu I think if it got to $5.20 that would be the best you could expect to get in at.
Do you believe now? No secret. If gold goes up ANV plays catch up to it's real value.
This is good news. That only means once ANV closes above $6, maybe by end of week, the run to $7 will be fast as shorts start to cover.
I knew this could happen and had a stop loss set on FCEL shares that I had. Sure glad I did. Anyone that didn't will never let that happen again.
I hope you didn't end up going in this morning or if you did you had a stop loss set. I mentioned that what happened today could happen. Glad I set mine. Seemed criminal what happened to the Fuel Cell stocks today.
That's why you should always have a stop loss. Especially on stocks like these that have gone crazy. Glad I had mine set on FCEL today. Saved me $15,000.
I am. I bought 5000 shares at $3.83 near the end of day today. Probably will buy another 5000 tomorrow morning on the first pull back. Can be risky. These fuel cell stocks have been going crazy last few weeks. Hard to say if FCEL will be at $6 or even $8 in another 2 weeks but I am taking a chance. Watch closely though cause if the air gets let out you don't want to get stuck with a 30% drop. Good luck.
Hey drmoose. Do you mean Monday the 10th or the 17th. I never find these stats. Post a new topic of the gross for FC2 if you can when you see the numbers. Definitely interested. Go Gluu.
Cause they have 600 million in debt and about 100 million in cash. Even JJ said on the clip when asked about the debt that he has no idea how they are going to pay it. He said they are talking with advisors. He did not say anything definitive about how they can get through the debt problem coming up soon. That's why it is $3.15 cause nobody wants to buy it only to get burned from a dilution.
There is nothing he can say. Sales are not improving. Debt is coming due soon and they are low on cash. They have done all the cost cutting they can. He would have to lie and say something like sales are going to take off in Europe which would only get DNDN sued down the road.
With all the debt the buyer will take on from DNDN and the dismal sales compared to other prostate cancer drugs DNDN will only get $6 to $7.
If ANV can close above $5.50 that would be a nice day for us. Seems like $5.50 has been providing some good resistance.
Go to PLUG. Hit the 1 month chart button. That is pretty much a linear chart. Gluu has been consolidating at $5 for awhile. Now going to do the same at $5.15 to $5.20. When it does this, it's easier to go up to the next level. How much higher can it go until next earnings is anyone's guess. But if Gluu can put some back to back beats in earnings it will be well worth just holding and not bother trading it.
We consolidated a lot between $4.90 and $5 which helped us finally get through the $5.20 resistance. The move to $6 is underway. But beyond that, it will take another beat at earnings. If Gluu puts together 3 better then expected earnings in a row we will make it to double digits.
Have you noticed ANV has been consolidating right around the $5.25 mark for the last three trading days. This is good because it will help to support the next leg up. IMO we will be closing at $5.50 to $5.75 by end of this week. Good luck everyone. Except the shorts.
I have traded this and done well but in holding pattern right now hoping ANV takes off. This is one bipolar stock though.
But if gold stays this high and goes higher the rest of this week, I think the miners will catch up.